Research on the Risk Sharing Mechanism of the Financial System (From the Perspective of Economic Globalization)

Author: Ma Yu
Publisher:
Publish Date: 2006-12-01
Features: Since the 1980s and 1990s, the wave of economic globalization has surged rapidly, swiftly impacting the existing economic systems and structures. Against this backdrop, financial liberalization has become one of the focal points of public attention. So, what kind of impact do economic globalization and financial liberalization have on the financial system? Existing theories suggest that financial liberalization promotes the flow of capital on a global scale, enabling more efficient allocation of resources and enhancing economic efficiency. This book conducts an in-depth study on issues such as what constitutes a financial system risk-sharing mechanism, how economic globalization affects the risk-sharing mechanism of the financial system, the impact on the economy when the risk-sharing mechanism of the financial system is disrupted, and how to protect the risk-sharing mechanism of the financial system during the process of financial reform and liberalization.